SOFAZ sells $50M at today’s auction

SOFAZ sells $50M at today’s auction
# 26 May 2016 13:02 (UTC +04:00)

Baku. Yegana Lachinzade – APA. The State Oil Fund of Azerbaijan (SOFAZ) sold $20 million to eleven local banks and $30 million to the Central Bank of Azerbaijan at the auction held by the Central Bank of Azerbaijan (CBA), SOFAZ said on May 26.

SOFAZ had offered $50 million for sale through the auction

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THE OPERATION IS BEING PERFORMED